2021
Flag  
GDP
$254BCURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP GROWTH
3.62%CURRENT US$
Rnk 157 / 204
2021
Flag
GDP PC 
$24,598CURRENT US$
Rnk 52 / 204
2011-2021
Flag
GDP PC GROWTH
5.95%CURRENT US$
Rnk 128 / 204

About

Portugal-British Virgin Islands In 2021, Portugal exported $445k to British Virgin Islands. The main products that Portugal exported to British Virgin Islands are Wood Carpentry ($423k), Wine ($18.1k), and Self-adhesive Plastics ($1.23k). During the last 26 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 28.4%, from $674 in 1995 to $445k in 2021.

In 2021, Portugal did not export any services to British Virgin Islands.

British Virgin Islands-Portugal In 2021, British Virgin Islands exported $37M to Portugal. The main products that British Virgin Islands exported to Portugal were Planes, Helicopters, and/or Spacecraft ($36.7M), Recreational Boats ($308k), and Railway Cargo Containers ($47.9k). During the last 26 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 23%, from $170k in 1995 to $37M in 2021.

In 2021, British Virgin Islands did not export any services to Portugal.

Comparison In 2021,  Portugal ranked 43 in the Economic Complexity Index (ECI 0.56),  and 46 in total exports ($75.6B). That same year, British Virgin Islands ranked 178 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Portugal exported $445k to British Virgin Islands. The main products exported from Portugal to British Virgin Islands were Wood Carpentry ($423k), Wine ($18.1k), and Self-adhesive Plastics ($1.23k). During the last 26 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 28.4%, from $674 in 1995 to $445k in 2021.

In 2021, British Virgin Islands exported $37M to Portugal. The main products exported from British Virgin Islands to Portugal were Planes, Helicopters, and/or Spacecraft ($36.7M), Recreational Boats ($308k), and Railway Cargo Containers ($47.9k). During the last 23 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 23%, from $170k in 1998 to $37M in 2021.

Exports from Portugal (Flag) to British Virgin Islands (Flag) (2021)

Exports from British Virgin Islands (Flag) to Portugal (Flag) (2021)

Market Competitiveness

Color
Portugal
Top Destination
Spain$19.3B
British Virgin Islands
Top Destination
Austria$62.5M

This map shows whether countries import more from Portugal or British Virgin Islands. Each country is colored based on the difference in imports they receive from Portugal and British Virgin Islands or the difference in the growth in imports.

In 2021, countries that imported more from Portugal than British Virgin Islands were Spain ($19.3B), France ($9.33B), and Germany ($8.13B).

In 2021, countries that imported more from British Virgin Islands than Portugal were Zimbabwe ($2.63M), Saint Vincent and the Grenadines ($284k), and Grenada ($61k).

Difference in imports from British Virgin Islands (Flag) and Portugal (Flag) (2021)

Comparative Advantage Portugal - British Virgin Islands

Flow
Scale

This chart compares trade between Portugal and British Virgin Islands by product, considering products traded by both, Portugal and British Virgin Islands.

During 2021, Portugal had a large net trade with British Virgin Islands in the exports of Wood Products ($423k), Foodstuffs ($19.2k), and Textiles ($1.76k).

During 2021, British Virgin Islands had a large net trade with Portugal in the exports of Transportation ($37M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over British Virgin Islands. Similarly, the more yellow a dot/product is, the more British Virgin Islands has comparative advantage over Portugal.

Product Space of Portugal (Flag) and British Virgin Islands (Flag) (2021)

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